Case Analysis

743 Words2 Pages
bulb-icon

Recommended: Effects of increasing the minimum wage

1. Briefly describe the bill being proposed and your initial opinion about the bill.
I initially, by the name of the bill alone, generally believe this will help minimum wage workers. It sounds like an act that will decrease the gap between the wealthy and the poor, as well as help decrease the number of citizens in poverty. My biggest concern is that the Bill, while it may help many minimum wage workers, was put together as a publicity stunt to make Liberal members of congress look appealing to lower-class voters, while making Conservatives seem less attractive; as much of the opposition of the bill is from Republican officials. According to the Congressional Research Service of the Library of Congress, the bill:
• Amends the Fair Labor Standards Act of 1938, which increases the federal minimum wage for employees to: $8.20 on the third month of the bill being active, $9.15 an hour after one year, $10.10 an hour after two years. After three years of enactment, and annually afterwards, the minimum wage will be increased to a currently unknown number, determined using the Consumer Price.
• Increases the federal minimum wage for tipped employees to $3.00 on the third month after the bill is active. Annually after the first adjustment, the tipped wage increase will be formulated to equal 70% of the actual minimum wage of other employees.
• Intends to update the Department of Labor’s website 60 days before increase in wage, a task that will be completed by the Secretary of Labor.

2. Identify and research liberal and conservative media sites to list the important points to each group and what each group proposes is the better plan.
Views on Raising Minimum Wage
Liberal Conservative
Helps keep pace with inflation Makes hiring workers...

... middle of paper ...

...se the action you believe would lead to the best outcome for the United States economy.
I believe that the best outcome would come from gradually increasing the minimum wage, because it allows tax recipients to become tax payers. It is strategy that, if properly executed, would benefit workers, consumers, and shareholders.

Works Cited

Associated Press. "Minimum Wage Hike Bills Being Pushed in at Least 30 States." Fox News. FOX News Network, 26 Jan. 2014. Web. 08 Apr. 2014.
Business in the Beltway. "Raising The Minimum Wage Would Be Good For Wal-Mart, And America." Forbes. Forbes Magazine, 11 Feb. 2014. Web. 08 Apr. 2014.
"H.R.1010 - Fair Minimum Wage Act of 2013." Congress.gov. Congressional Research Service, 2013. Web. 08 Apr. 2014.
Richinick, Michele. "It's Official. Obama Signs Minimum Wage Order." Msnbc.com. NBC News Digital, 13 Feb. 2014. Web. 08 Apr. 2014.

Show More
Related

  • The Economic Impact of Raising the Minimum Wage

    1480 Words  | 3 Pages

    The United States minimum wage is not indexed to inflation. Due to this fact, the purchasing power of minimum wage falls as the price of consumer goods increases. The current hourly minimum wage is set at $7.25, however many states do pay above this rate. One example of this is in Michigan, the current hourly minimum wage is $7.40. The last time a change occurred to raise minimum wage was in 2009. President Obama has put out a proposal that is designed to raise the federally required hourly minimum wage to $10.10 in 2015. The public opinion of this proposal is all over the board ranging from a positive outlook to a negative one. Some of the negative remarks are that it would dampen the economy and shrink the hiring done by small businesses. “The Household Survival Budget for the average New Jersey family of four is $58,500 and for a single adult is $25,368 in 2010. These numbers highl...

    Read More

  • Raise the Minimum Wage

    559 Words  | 2 Pages

    Dudley. San Diego: Greenhaven Press, 2005. Opposing Viewpoints. Rpt. From “Raise the Minimum Wage to $10 in 2010.” Let Justice Roll Living Wage Campaign. 2009. Opposing Viewpoints in Context. Web. 17 Nov. 2013.

    Read More

  • Case Law Case Study

    1560 Words  | 4 Pages

    Nearly every aspect of law enforcement has a court decision that governs criteria. Most court rulings are the result of civil lawsuit towards a police officer and agency. However, currently, there is no law that mandates law enforcement driver training. When it comes to firearms, negligence by officers has resulted in a multitude of court rulings. Popow v. City of Margate, 1979, is a particularly interesting case that outlines failed firearms training by an agency. In this case, an officer chasing a suspect during a foot pursuit fired at the suspect, striking and killing an innocent bystander (Justia.com, 2017). The court ruled that the agency was “grossly negligent” of “failure to train” (Justia.com, 2017). As a result, nearly every agency requires annual firearms training and has written policy concerning the same. Officers must show proficiency in firearms use every year to maintain their certification. Many states even impose fines on officers for

    Read More

  • Congress Should NOT Raise Minimum Wage

    650 Words  | 2 Pages

    Before other states jump on the $15 minimum-wage bandwagon, they might want to look at what's happening in Massachusetts — one of two states with a $10-an-hour minimum wage. Massachusetts increased the minimum wage from $8 to $9 at the start of 2015 and to $10 on the first day of 2016. The state is now mired in its longest stretch of net job losses since the recession, Labor Department data show. Minimum wage is the assured lowest amount of pay per hour that an employee can receive and it’s purpose is to make certain that employers are paying their workers fairly. The first minimum wage was created by Congress in 1938 as part of the Fair Labor Standards Act; it was twenty-five cents an hour. Since then, it has varied over the years, the highest being in 1968, but today it stands at $7.25 (Sherk). At the moment, Congress is contemplating the Fair Minimum Wage Act of 2013, which would, over two years, raise the minimum wage to $10.10 (GovTrack). However, raising the minimum wage is a bad idea because a majority of minimum wage jobs belong to teenagers who will not stay in the job very long and do not need to support a family, raising minimum wage will lessen the availability of jobs for the poor, and it is pointless since many of the impoverished that the raising of the minimum wage is targeted to help, will not be able to benefit.

    Read More

  • Minimum Wage and the American Dream

    1247 Words  | 3 Pages

    Davidson, Paul. "13 States Raising Pay for Minimum-wage Workers." USA Today. Gannett, 30 Dec. 2013. Web. 07 May 2014.

    Read More

  • Persuasive Essay On Raising Minimum Wage

    2064 Words  | 5 Pages

    Raising the minimum wage up to about three dollars should be done in increments of over a few years so it doesn’t shock the economy in any unpredictable way. Some states like California, won 't be affected that much, but where the minimum wage is $7.25 an hour that three dollars more will make a difference. We have to take into consideration how smaller economies and small business owners will be affected by

    Read More

  • The Benefits Of Raising The Minimum Wage

    698 Words  | 2 Pages

    Gitterman, Daniel P. “Remaking A Bargain: The Political Logic Of The Minimum Wage In The United States.” Poverty And Public Policy 5.1 (2013): 3-36. EconLit. Web. 24 Oct. 2013.

    Read More

  • Raising the Minimum Wage, A Speech Outline

    1469 Words  | 3 Pages

    U.S. Department of Labor. 2014. “History of Federal Minimum Wage Rates Under the Fair Labor

    Read More

  • The Minimum Wage Must be Raised

    961 Words  | 2 Pages

    "Raising the minimum wage will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities." -- President Obama

    Read More

  • Minimum Wage: Impact on American Poverty

    1282 Words  | 3 Pages

    Currently, in the United States, the federal minimum wage has been $7.25 for the past six years; however, in 1938 when it first became a law, it was only $0.25. In the United States the federal minimum wage has been raised 22 times since 1938 by a significant amount due to changes in the economy. Minimum wage was created to help America in poverty and consumer power purchasing, but studies have shown that minimum wage increases do not reduce poverty. By increasing the minimum wage, it “will lift some families out of poverty, while other low-skilled workers may lose their jobs, which reduces their income and drops their families into poverty” (Wilson 4). When increasing minimum wage low-skilled, workers living in poor families,

    Read More

  • History of Minimum Wage

    1128 Words  | 3 Pages

    Congress created minimum wage with the Fair Labor Standards Act of 1938. The first minimum wage was only 25 centers per hour. Through history the minimum wage has increased a little at a time, umping a couple cents each time. The last time the United States changed the minimum wage was in 2007 which was a large jump from $5.15 per hour to $7.25 per hour. This jump of $2.10 was a large increase. Through the years it is evident that the minimum wage is constantly changing. “. It has averaged $6.60 an hour in purchasing power in 2013 dollars. But it has ranged from a low of $3.09 an hour in late 1948 to a high of $8.67 an hour in 1968(Sherk, J. (2013, June 25).

    Read More

  • Written Case Analysis – IBM

    764 Words  | 2 Pages

    Written Case Analysis – IBM Salient Case Facts at a Glance: John Akers became the CEO of IBM in 1985. By this time, IBM had registered a drop in earnings for the first time. This trend continued, creating various other problems till John Akers was forced to resign in 1993. IBM was perceived as a ruthless giant with tremendous growth.

    Read More

  • The Minimum Wage For Restaurant Workers Must Be Raised

    1063 Words  | 3 Pages

    Nayak, Rajesh, and Paul Sonn. Restoring the Minimum Wage for America’s Tipped Workers. Rep. National Employment Law Project, 2009. Web. 30 Oct. 2014. .

    Read More

  • We Should NOT Raise the Minimum Wage

    1177 Words  | 3 Pages

    Wittner, Lawrence. "The Minimum Wage Should Be Raised." The Huffington Post. TheHuffingtonPost.com, 10 Nov. 2013. Web. 12 Mar. 2014.

    Read More

  • The Minimum Wage Must Be Increased

    1491 Words  | 3 Pages

    In the 2014 State of the Union address, President Obama called on Congress to raise the national minimum wage from $7.25 to $10.10 an hour, and soon after signed an Executive Order to raise the minimum wage to $10.10 for the individuals working on new federal service contracts. An increase in the minimum wage has been a topic of discussion for many years now, and it looks like this year will finally see the first increase of minimum wage in 10 years. Not everyone agrees that there should be an increase, but many states have already raised their minimum wage rates because of the federal government’s inaction. Iowa raised the state’s wage, and it will rise again in 2016. Clearly there are benefits to a higher minimum wage; the current minimum wage in the United States should be raised because it helps the economy by increasing employment, and it is now at the lowest value it has been in more than 50 years, causing hardship for earners of minimum wage.

    Read More

More about Case Analysis

Open Document